BUZZ-Australia's Marmota hits 1-1/2-month high on titanium prospect

Reuters

2025/01/07

** Shares of Marmota MEU.AX rise as much as 5% to A$0.042, their highest levels since Nov 26, 2024

** The mineral explorer finds large-scale riverbed crossing areas of high titanium concentration at Muckanippie and Petratherm's similar find in South Australia

** Says newly identified ancient riverbed significantly expands potential areas for titanium discovery on co's Muckanippie and adjacent tenements

** Over 1.7 mln shares change hands, 2x the 30-day avg

** Stock dropped 9.3% in 2024

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com;))

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